Kochi, India — : Cochin Shipyard Limited, one of India’s leading state-owned shipbuilding and maintenance firms, has announced the appointment of Riya Mathew as its new Head of Internal Audit, effective May 2, 2026. The move follows the retirement of Mary Ranjit Abraham, marking a key leadership transition within the company’s finance and compliance division. … Read more
Amsterdam — : Sanjay Malhotra, Governor of the Reserve Bank of India, underscored the strength and adaptability of India’s economy and financial system during a keynote address at the 25th FIMMDA–PDAI Annual Conference in Amsterdam. His speech, titled “Indian Financial Markets – Resilience and Resurgence,” outlined India’s economic performance amid global uncertainty and detailed ongoing … Read more
New Delhi, May 2026: IREL (India) Limited has invited Expressions of Interest (EOIs) from domestic and international buyers for the supply of ilmenite under an Annual Quantity Agreement (AQA) for the financial year April 2026 to March 2027. The move is aimed at strengthening India’s position in the global titanium value chain and ensuring a … Read more
May 2026: India’s steel industry—now the world’s second-largest—is entering a decisive phase of expansion, fueled by infrastructure spending, manufacturing growth, and urban development. As the country targets 300 million tonnes of steelmaking capacity by 2030, three private-sector leaders—Tata Steel, JSW Steel, and Jindal Steel & Power—are emerging as key contenders in a high-stakes race for … Read more
New Delhi / Bilaspur, India |Himanshu Jain, currently serving as Chief Vigilance Officer (CVO) of South Eastern Coalfields Limited, has assumed additional charge as CVO of Mahanadi Coalfields Limited, further strengthening vigilance leadership within India’s coal sector. A 2007-batch officer of the Indian Railway Service of Signal Engineers, Jain brings extensive experience in governance, infrastructure, … Read more
New Delhi, May 1, 2026 — In a sharp and unexpected move, India’s state-run oil companies have raised the price of commercial LPG cylinders by nearly ₹1,000 per unit, marking one of the steepest increases in recent months. The hike, effective immediately, impacts 19-kg commercial cylinders used by businesses, while household cooking gas prices remain … Read more
New Delhi — NLC India Limited, a government-owned energy company, has announced the retirement of Anandaramanujam K, who served as Executive Director and a member of its senior management team. The company confirmed that he stepped down from his position effective the afternoon of April 30, 2026, upon reaching the age of superannuation. Official Filing … Read more
New Delhi — Oil and Natural Gas Corporation Limited (ONGC), India’s largest government-owned oil and gas explorer and producer, has announced a temporary change in its senior leadership structure. The company informed stock exchanges that Manish Patil, currently serving as Director (Human Resources), will assume additional charge as Director (Finance) for a period of three … Read more
New Delhi — : The Government of India has approved a three-month extension for Santosh Kumar, who serves as the Chief Vigilance Officer (CVO) at NHPC Limited, ensuring continuity in the organization’s vigilance and governance framework. Extension Details According to an official memorandum issued by the Department of Personnel and Training (DoPT), the Competent Authority … Read more
Mumbai — : REC Limited, a Maharatna public sector enterprise and a leading financier in India’s power sector, has announced a total dividend of ₹18.55 per share for FY26, reinforcing its position as a strong dividend-paying stock. The announcement comes alongside the company’s highest-ever annual net profit, making it a key highlight for investors. Dividend … Read more
New Delhi — : The Ministry of Labour and Employment has announced the successful signing of a Memorandum of Settlement (MoS) between the employees’ union and management at Narora Atomic Power Station, formalizing the implementation of a Performance-Linked Incentive (PLI) scheme. The agreement was facilitated by the office of the Regional Labour Commissioner (RLC), Noida, … Read more
New Delhi — : The Airports Authority of India (AAI) has invited electronic bids (e-tenders) for the development and operation of an Automated Vehicle Parking Management System at Dehradun Airport. The initiative is aimed at enhancing passenger convenience, improving traffic flow, and modernizing parking operations through advanced digital solutions. Project Scope and Objectives The tender … Read more
Mumbai, India — : Bank of Baroda has introduced Indian Sign Language (ISL) support via video calls at its contact center, marking a first-of-its-kind initiative in India’s banking sector aimed at improving accessibility for customers with hearing or speech impairments. A Major Step Toward Inclusive Banking The new service allows customers to connect with trained … Read more
Hyderabad, India — : Bank of Baroda has announced the appointment of M. V. S. Sudhakar as its new General Manager and Zonal Head for the Hyderabad Zone, a key operational region covering the states of Andhra Pradesh and Telangana. Leadership Transition With more than three decades of experience in the banking sector, Sudhakar brings … Read more
New Delhi — : Maruti Suzuki India Limited, India’s largest passenger vehicle maker and a subsidiary of Suzuki Motor Corporation, reported its audited financial results for the fourth quarter and full fiscal year ended March 31, 2026. The company also announced its highest-ever dividend payout, recommending ₹140 per share for shareholders. Q4 FY26 Financial Performance … Read more
Thrissur, India — : Dhanlaxmi Bank, one of India’s oldest private-sector lenders, reported a strong financial performance for the fourth quarter of fiscal year 2026, posting a 50% year-over-year increase in net profit driven by robust income growth and improved asset quality. Strong Quarterly Performance The bank reported a net profit of ₹43.5 crore ($5.2 … Read more
New Delhi: India has marked a major milestone in its nuclear energy journey with the successful development and first criticality of a 500 MWe Prototype Fast Breeder Reactor (PFBR) at Kalpakkam. The announcement was made by Union Minister Jitendra Singh during a national workshop on Small Modular Reactors (SMRs), signaling a significant leap in the … Read more
Mumbai : State Bank of India (SBI) has released the list of eight validly nominated candidates for the election of four Directors to its Central Board, ahead of its upcoming General Meeting of Shareholders scheduled for May 15, 2026. The meeting will be held at 3:00 PM at the State Bank Auditorium, State Bank Bhavan … Read more
Ahmedabad : Adani Total Gas Limited (ATGL), one of India’s leading city gas distribution companies, has announced its audited consolidated financial results for the quarter and full year ended March 31, 2026, reporting steady growth in profitability and strong revenue expansion. The company posted a 9% year-over-year (YoY) increase in net profit to ₹168 crore … Read more
Sambalpur : Mahanadi Coalfields Limited (MCL), a key subsidiary of Coal India Limited, organized a formal farewell ceremony to honor Pranab Kumar Patel, Chief Vigilance Officer (CVO), marking the successful completion of his tenure with the company. The event, आयोजित as a traditional “Samman Samaroh” at the company’s corporate headquarters in Sambalpur, brought together senior … Read more
Mumbai : Mahindra & Mahindra Limited (M&M) has increased its ownership in Carnot Technologies Private Limited, acquiring an additional 28.03% stake for ₹6.72 crore, thereby raising its total voting rights in the company to 89%. The acquisition marks a strategic move by M&M to deepen its presence in the precision agriculture and telematics space, areas … Read more
New Delhi : State Trading Corporation of India Limited (STC) has officially announced a change in its top leadership, informing stock exchanges that the tenure of Nitin Kumar Yadav as Chairman and Managing Director (CMD) has concluded. The disclosure was made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations 2015, which … Read more
Mumbai : Canara Bank has successfully completed the payment of annual interest along with the full redemption of its Basel III-compliant Tier II bonds, reaffirming its strong financial discipline and compliance with regulatory norms. In a regulatory filing, the bank confirmed that it has paid a total of ₹3,251.31 crore, which includes both principal and … Read more
New Delhi: NTPC Limited has issued an official clarification dismissing recent media reports that suggested the company had begun feasibility studies for setting up nuclear power units in Bihar. The reports had claimed that NTPC was exploring the development of two nuclear power units of 1,400 MW each in the Banka district. However, the company … Read more
